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Seattle Caps Late Fees at $10 per month
Op Ed: The opinions expressed here are solely the opinions of Peter Nelson, CEO of Full Service Property Management. They do NOT represent those of the company or any of its staff. In April the City Council for Seattle passed an ordinance capping late fees at a maximum of $10…for the whole month. Not $10/day,…
Read MoreRental Market Update – Q2, 2023
Here is a quick synopsis of the Seattle Rental Market for Q2, 2023. Recorded 4/18/23.
Read MoreOur Proprietary Rental Marketing Strategy Continues to Impress
In the last half of 2022, winter was setting in, the holidays were upon us, the Fed was raising rates, and the pundits (whoever they are were telling us landlords to buckle down. That was short-lived! We had been running 3% or less since before the pandemic (when we started keeping track of such numbers.) That…
Read MoreQ1, 2023 Seattle Rental Market Update
We have started to provide quarterly market updates on the status of the rental market in the greater Seattle metropolitan area. These updates are intended to help individuals become more informed on issues regarding the rental market in the greater metropolitan Seattle market. This is the second video. Enjoy. Disclaimer This video is the sole…
Read MoreResident Benefits Package
We are excited to announce on March 1, 2023 we will be rolling out a Resident Benefits Package (RBP) on all of our properties. The RBP is intended to greatly enhance the rental experience for our tenants. Some of the features include: Robust renter’s insurance is included Maintenance automation for Intake, Scheduling, Dispatch, and Follow-up…
Read MoreNegotiating Rental Management Fees
Negotiating Property Management Fees We receive inquiries all the time from owners wanting us to reduce our fees. We recognize that it is customary for many cultures to accept negotiation as a natural way of conducting business. This style makes perfect sense in a retail environment where the business relationship is not expected to extend…
Read MoreQ4, 2022 Market Update
We are going to start providing quarterly market updates on the status of the rental market in the greater Seattle metropolitan area. These updates are intended to help individuals become more informed on issues regarding the rental market in the greater metropolitan Seattle market. This is the first video. Enjoy. Disclaimer This video is the…
Read MoreThe underlying reasons why issues arise between a property manager and a client
It is not uncommon for an owner to become weary with a property manager. It happens all the time. But it doesn’t have to with some basic understanding. Here is some insight (for owners) on how to avoid that dreadful situation. When an owner gets frustrated, it is usually from unmet expectations. This discord has…
Read MoreCOVID Update
It appears the worst is past us with regards to COVID-19. People do not seem to be dying in the droves they were in previous years. But the danger is still very real. People continue to catch COVID, and are quarantined at home because of it. At Full Service Property Management, all of our staff…
Read MoreHousing prices — are you kidding me?
Housing prices seem to be at the forefront of most owners’ and tenants’ minds these days. And why not? The market is as active has it has ever been — for both brokerage and rental. Zillow gives housing owners an estimate of what they think the market will do over the next year. They update…
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